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Zhejiang Weigang Technology Co (SZSE:001256) Tax Rate % : 14.46% (As of Mar. 2024)


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What is Zhejiang Weigang Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang Weigang Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥3.9 Mil. Zhejiang Weigang Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥26.6 Mil. Therefore, Zhejiang Weigang Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 14.46%.

Zhejiang Weigang Technology Co Tax Rate % Historical Data

The historical data trend for Zhejiang Weigang Technology Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zhejiang Weigang Technology Co Tax Rate % Chart

Zhejiang Weigang Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 14.10 13.25 14.12 11.82 12.24

Zhejiang Weigang Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.38 12.48 10.50 12.85 14.46

Zhejiang Weigang Technology Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Zhejiang Weigang Technology Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=11.616/94.89
=12.24 %

Zhejiang Weigang Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=3.852/26.646
=14.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zhejiang Weigang Technology Co Tax Rate % Related Terms

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Zhejiang Weigang Technology Co (SZSE:001256) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Weigang Technology Co Ltd (SZSE:001256) » Definitions » Tax Rate %
Comparable Companies
SZSE:300950 SZSE:002248 SZSE:300720 SZSE:300472 SHSE:603036 SHSE:688360 SHSE:688450 SZSE:301446 SHSE:688557 SHSE:688312 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Songqiao Industrial Zone, Pingyang County, Zhejiang Province, Wenzhou, CHN, 325409
Website
http://www.weigang.cn
Zhejiang Weigang Technology Co Ltd specialized in manufacturing narrow label printing machines and converting machines.

Zhejiang Weigang Technology Co (SZSE:001256) Headlines

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